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Designation of gold and silver as legal tender.

Introduced: it can still change before the session ends.

IN HB 1227 · House Bill · 2026

Stage
Introduced
Started in
House
Sponsor
1
Latest action
Jan 5, 2026

What it does

Requires the treasurer of state (treasurer) to designate one or more established bullion depositories to provide a secure location for the storage of bullion by Indiana consumers. Requires the treasurer to engage an electronic payment system to oversee transactional and administrative procedures on behalf of consumers holding bullion depository accounts in a designated bullion depository. Provides that a consumer may establish a bullion depository account with a designated bullion depository by entering into a depository agreement with the bullion depository. Provides that a designated bullion depository qualifies as a state depository and is eligible to receive public funds of: (1) the…

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Where it stands

  1. Introduced (Current step)

    Introduced · Jan 5, 2026

  2. Committee (Not started)

  3. Floor (Not started)

  4. Law (Not started)

What moved

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

In the news

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Where it goes next

While a bill can still move, the questions are about people and money in Indiana.

Work with this bill

Designation of gold and silver as legal tender. | 52